Texas residents know that under state law it is required that they carry an auto insurance policy if they own a vehicle. The penalties for driving without proper insurance coverage can be stiff and it is much better to find good insurance coverage than to take a risk and go without it. Fortunately, there are plenty of things you can do to ensure that you choose the best Texas auto insurance policy for you.
What Do I Need to Have on my Texas Car Insurance Policy?
The legal requirements for auto insurance in the state of Texas require liability coverage and property coverage. There is a requirement that a driver must carry bodily injury coverage at a minimum coverage of $20,000 per person per accident and $40,000 total per accident. A driver must also carry property damage coverage at a minimum of $15,000 per accident.
With these minimal coverage requirements you will be legal to drive within the state, but this minimum coverage may not be your best choice. A good insurance company will explain your other options so you can choose the insurance coverage that will be best for you regardless of what the state minimal requirements are. You can choose optional coverage as long as you have at least what is required by law.
Should I Add Any Additional Coverage?
Many drivers choose to go with more coverage than is required by law. This is because the minimal coverage usually is not enough to actually pay for expenses due to an accident. In addition, bodily injury and property damage coverage do not offer you much protection for yourself and your vehicle.
In order to get the extra protection for yourself you would need to add additional coverage. Most insurance companies will suggest you at least add coverage for underinsured/uninsured motorists. This coverage will pay for damages that occur when you are in an accident with someone who does not have insurance or who does not have enough insurance to cover the expenses.
If you have a lien on your vehicle then your lender will likely request you have even more coverage with collision and comprehensive coverage. Collision coverage will pay to repair or replace your vehicle that is damaged in an accident. Comprehensive will pay for damages that occur due to something other than an accident.
With extra coverage you are just making sure that you and your vehicle are protected. When the unexpected happens it can be rather costly, but with the right insurance coverage you can protect yourself from financial trouble.
Which Company Offers the Best Policies?
No matter what type of coverage you choose in order to find the best auto insurance company you will need to shop around. By shopping around you will be able to see the range of prices offered to you.
Here are some of the top car insurance companies in Texas:
4500 E Palm Valley Blvd. , Suite 104
Round Rock, TX 78664
10700 N. Lamar Blvd.
Car insurance costs can vary greatly from company to company so the only way to ensure that you get the best price is through shopping around.